Consider the following to answer the question(s) below:
Annual estimates of the population in a certain city from 1999 (t = 1) onward are shown in the time series graph below.
-The forecasting method that will most likely be best for this time series is
A) single exponential smoothing
B) quadratic trend
C) moving average
D) naïve
E) Absolutely no forecasting method will most likely be best.
Correct Answer:
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